When someone says "algorithmic cost model," what precisely do they mean? What are the downsides of this method as compared to the other methods of cost estimation that are available?
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- How does an algorithmic cost model function and what is it? What drawbacks does it have in compared to other techniques of cost estimation?What precisely does it imply when people talk about "algorithmic cost models," and how does one go about applying these models? Which disadvantages does it have in comparison to the many other methods that may be used in order to arrive at an estimate of costs?What precisely does one mean when they refer to something as a "algorithmic cost model," and how does one go about applying such a model? Which disadvantages does it have in comparison to the many other methods that may be used in order to arrive at an estimate of costs?
- What is algorithmic cost modeling, and how does it work? What distinguishes this methodology from other cost estimation methods?What is an algorithm-based cost model? What drawbacks does it have in compared to other cost estimating methods?What is an algorithmic cost modeling? To what extent does this methodology differ from other methods of cost estimation?